Still bullish | 22 August 2018
22 August 2018, EUR/USD
Technical Observation
Just as I forecasted, after the Bullish cross of the Simple Moving Averages, this pair has continued upwards incessantly and is still showing signs of rising even higher. While the price remains above the two Simple Moving Averages, I expect a surge to the upper side with my ideal take profit at 1.1735. If you din't go long previously, wait for a clear retracements towards 1.1535 to pick a long term long position. As it is, only a buy position looks ideal, but should the price break below 1.1385, then I may consider a short position.
Trade Signal.
buy Eur now
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
